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412 - 119 Merton Street
Mount Pleasant West, Toronto
$599,900
Attention first time home buyers! Welcome to The Metro Lofts! This light-filled, two-storey loft offers 720 sq ft of smart, functional living space in a highly sought-after midtown community. The main floor features a modern kitchen with stainless steel appliances and a breakfast bar, opening onto a bright living area with sunny southwest exposure and treetop views. Step outside onto your own private balcony - the perfect spot for morning coffee. A main-floor powder room keeps the upstairs entirely separate from guests. Upstairs, the bedroom retreat features its own private full ensuite bath. Two bathrooms - including the main-floor powder room - is a rare find in a one bedroom loft, and ideal for anyone who values privacy or hosts overnight guests. Unbeatable location just steps to the Kay Gardner Beltline,ravine trails, and the TTC, with an easy walk to both Davisville and Yonge & St. Clair shops and dining.
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| Type | Condo Apartment |
| Style | Loft |
| Approx. Age | 16-30 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $707 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,015 |
| mls© Number | C13707540 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $251
- Heat allowance
- $150
- Condo fees, half counted
- $354
- Housing costs
- $3,825 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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